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RBI extends support for small businesses with Resolution Framework 2.0
Small businesses engaged in retail and wholesale trade other than those classified as micro, small and medium enterprises (MSMEs) will also be eligible to avail the benefit. The central bank also allowed MSMEs with loans of up to Rs 25 for restructuring businesses crore in a separate notification.Read more
L&T completes 75 years of its construction & mining machinery business
The business has supplied over 60,000 units of various equipment in India.Read more
Vedanta’s ‘waste to wealth’ projects boost local MSMEs in Odisha & Chhattisgarh
The company supports over a hundred brick manufacturing MSMEs situated around and beyond its areas of operations with fly ash free of cost to their doorsteps, amounting to nearly 5 lakh metric tonnes per annum.Read more
India attracts USD 72.12 Bn FDI during April ‘20 to Jan ‘21
India has attracted total FDI inflow of USD 72.12 Bn during April 2020 to January 2021. Read more
Minda Industries to invest Rs 250 Cr to expand its two businesses
The expansion comes in line with the improved market scenario and increased demand, wherein the said businesses have been operating at near capacity.Read more
DPIIT simplifies Industrial Entrepreneur Memorandum (IEM) portal
This Single form will facilitate filling of investment intentions (IEM-Part A) and reporting of commencement of production (IEM-Part B) in a seamless manner.Read more
Yokogawa enters biomass material business with its new subsidiary
The new company will produce and market biomass materials to enable a sustainable carbon cycle.Read more
JICA signs loan pact of JPY 10 Billion with TCCL to support RE business
JICA’s loan will support TCCL to mitigate the impact of climate change by offering green finance, which will contribute to decrease the emission of GHG in India. It will also contribute to SDGs (Sustainable Development Goals) Goals 7 and 13.Read more
Yokogawa joins hand with ICQ Consultants for biopharmaceutical business in USA
As per the alliance agreement, ICQ Consultants will provide consulting and engineering services for the installation, maintenance, qualification, and support of Yokogawa's bioreactor systems and related products in the USRead more
First IPF Industrial Excellence Forum (IIEF) lauds innovations in 5 categories
The first IIEF hosted conferences for discussing relevant topics like strategies to move ahead in the new normal and deliberated on SME readiness as manufacturing is growing in India due to the global move from China to India. While during the IPF Awards, the IIEF recognised new product innovations to upholding ‘Make In India’. The IIEF was hosted virtually and received favourable industry responseRead more